For Sale
$5,250,000

4730 Fl-64Bradenton, FL 34208

High-yield, multi-tenant office building.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional Class A, multi-tenant office building presents a compelling investment opportunity in Bradenton, Florida. Located at 4730 FL-64, this 27,390 square foot property boasts a 100% occupancy rate across six units, generating a substantial net operating income (NOI) of $355,485, representing a 6.77% cap rate. The asking price is $5,250,000, or $191.68 per square foot, and $875,000 per unit. Built in 2001, this single building sits on a 2.31-acre lot within the Suburban Commercial Corridor (SCC) zoning, offering ample parking and visibility. The property benefits from a triple-net (NNN) lease structure, minimizing landlord responsibilities. Situated on the high-traffic SR 64 corridor, near I-75 and Lakewood Ranch, this location provides excellent visibility and accessibility. The building's attractive design, including large columns and landscaping, enhances its appeal. Current below-market rents and CAM charges offer a significant value-add potential for future income growth. The property is part of an eight-building office complex with an active owners association maintaining replacement reserves for exterior upkeep. This is a truly exceptional opportunity to acquire a high-performing, well-maintained office investment in a prime location. The property's APN is 1127212159.

Highlights

  • NNN Office Investment with strong tenant mix and high-value income.
  • Low vacancy rates and below-market rents/CAM offer value-add potential.
  • High-traffic, high-visibility location near I-75 and Lakewood Ranch.
  • Prominent pylon signage on SR 64.

Property Details for 4730 Fl-64

Property type
Office properties, Medical offices
Square Feet
27,390 SF
Class
A
Year Built
2001
Buildings
1
Lot Size (sq. ft)
100,624 SF
Units
6

Location Insight

City
Bradenton
County
Manatee
State
Florida
Latitude
27.4964806
Longitude
-82.5036151
4730 Fl-64, Bradenton, Florida

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4730 Fl-64
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